Auction #275-7
Bidding Format: Auction Plus
Marytown, WV 24801
McDowell County View Map
Land
Lot Size: ±4,398 acres
 
Auction Plus
BID DEADLINE
25 Oct 5:00 pm EDT
Minimum Bid
US $1,699,000
Required bid deposit: US $1,000
+ ADD TO WATCH LIST
BID NOW
Contingencies may be included with your bid

Description

This online auction is for ±4,398 acres of timberland in Browns Creek, located just south of Marytown in McDowell County, WV.

Select features/highlights include:

  • Over 160,000 linear feet of streams were recently restored on the property for a stream mitigation bank* project and ±2,273 acres of stream buffer areas are protected from development by a conservation easement.**
  • The tract has ±2,125 acres of unrestricted timberland and good access, as well as interior access roads/trails.
  • There are also "In Holding Parcels" within the boundaries of the property (±279 acres) which are parcels of land that are owned by third parties.
  • The deer and wildlife populations are thriving due to the recent restoration work done by the property owner.

* Stream Mitigation Bank – A stream mitigation bank is the restoration of stream and associated riparian buffer areas by a private company to generate credits certified by the Army Corps of Engineers that can be purchased by third parties to offset expected adverse impacts from development projects to similar nearby stream ecosystems.

** Conservation Easement – A conservation easement, or deed restriction, is a perpetual restriction placed on a piece of property to protect the land and its resources for future generations while allowing owners to retain many private property rights. On this particular property, the conservation easement protects the stream restoration work that was done and ensures the conservation area will remain in its natural condition in perpetuity. The landowner is allowed to use the property in the conservation area for any purpose that does not conflict with the conservation easement. Activities that are not permitted within the conservation area include building structures or roads, changing the topography of the land, commercial tree harvesting, and agricultural activities.


Click the link below to access more information on Browns Creek, McDowell County, WV:

www.statisticalatlas.com

Downloadable Documents

Property Information Auction Information Purchase and Sale Title and Escrow

Property Viewing

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Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: TBD, WV license #1010

All information contained on FRE.com and dispensed by the Support Staff, Property Representative and other agents of the Seller is from sources deemed reliable and is not warranted or guaranteed by the Seller, its partners or related companies, LFC Communications, Inc., LFC Marketing Services, Inc., or any of their agents. Buyers shall rely entirely on their own judgment and inspection.

Auction Plus
BID DEADLINE:
25 Oct 5:00 pm EDT
Minimum Bid
US $1,699,000
Required bid deposit: US $1,000
BID NOW
Contingencies may be included with your bid
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Auction ended.
Bidding Questions or Assistance?
Auction Manager
Patrick Kelleher
LFC Marketing Services
Phone: (949) 706-6117 Email: pkelleher@lfc.com
Event Manager
Debi Roks
LFC Marketing Services, Inc.
Phone: (949) 706-6107 Email: droks@fre.com
Property Representative
Randy Burdette
Foxfire Realty
Phone: (304) 667-2897 Email: randy@foxfirenation.com
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